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12487 AVENUE 14, MADERA, CA 93639
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$13,150,000
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Property Details for 12487 AVENUE 14
Price
$13,150,000
Type
lots/land
Lot Size
629.3000
County
Madera
MLS®️ Listing#
ML81897436
On exitrealty.com
906 days
Property Description
HUGE PRICE REDUCTION BY MOTIVATED SELLERS:Current Extended Winery Contracts in Place !! In a vicious market, Oberti has 2-13 year contract with major wineries + Incentives. Premier vineyard in the Central Valley with an exceptional income history. Located 100 miles due east of Santa Cruz, Madera is warm, sunny, and flat with the right combination of soil type, rock/mineral deposits, and altitude.Set on approximately 630 acres of contiguous land, J. Oberti Vineyards has a reputation for consistent quality and high volume production of Grenache, Merlot, Chardonnay, and Rubired grapes .Wells are generating over 8,000 GPM of single-line drip irrigation from a 16,000-sq ft reservoir. For future requirements, you have (2) additional unconnected wells. New Chardonnay vines in the final planting stages on approximately 100 acres, offering potential for future income. Infrastructure includes a 4400 sq ft maintenance shed in a 42,000 sq ft staging area.J.Oberti Vineyards has current contracts with major wineries for guaranteed pricing. Contracts run from the 2024 season and all are established with escalating base rates over the individual contract periods.
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- Electricity - On Site
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Listing courtesy: Sotheby's International Realty - (831) 624-1566. Presented by: Mick Pfaff
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX Information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided through IDX by MLSListings Inc.
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EXIT REALTY KEYSTONE
16175 Monterey #A, Morgan Hill, CA 95037
Licensed in the state of California
CA DRE# 01348955. Margaret Vierra broker - CA DRE# 01183425
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$13,150,000
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EXIT REALTY KEYSTONE
16175 Monterey #A, Morgan Hill, CA 95037
Licensed in the state of California
CA DRE# 01348955. Margaret Vierra broker - CA DRE# 01183425